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DAILY PREDICTION

Advice for – Friday, May 31, 2013

EP-Basic Package is one of the most famous package among Indian traders .

 

Check Why EquityPandit recommends EP-Basic Package

 

 

Last Trading Session: Exactly as predicted by EquityPandit that market would open but would see further positive movements in days to come and would see strong resistance at 6128 levels for Nifty and 20250 levels for Sensex and exactly same happened. Market opened negative and saw further positive movements as per EquityPandit’s predictions. Market saw high exactly at EquityPandit’s predicted levels of 6128 for Nifty and 20250 levels for Sensex like a dot. Finally market closed just below EquityPandit’s predicted resistance levels.

 

Today: Indian Stock Market likely to open flat to positive. Today, GDP numbers are going to be disclosed, which would decide market direction. Nifty possess strong support at 6055-6045-6020 levels whereas resistance would be seen at 6156-6188-6200 levels for Nifty. If GDP numbers would be better than expected then market can see new highs in days to come else Nifty can see lows of 5900 again. So, traders are suggested to trade only once GDP numbers are disclosed. Since, EquityPandit’s support and resistance levels always meet accuracy; hence traders are suggested to follow them for good profits.

 

BSE Sensex: (20215) The support for the Sensex is at 20000-19900-19850 and the resistance to the up move is at 20250-20330-20500 levels.

                                          

NSE Nifty: (6124) The support for the Nifty is at 6055-6045-6020 and the resistance to the up move is at 6156-6188-6200 levels.

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